Category: CA FINAL

RULE 8 of CGST 2017 Application for Registration 1.Every person, other than a non-resident taxable person, a person required to deduct tax at source under section 51, a person required to collect tax at source under section 52 and a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) who is liable to be registered under sub-section (1) of section 25 and…

Study Guidelines On Electives Papers For CA Final Paper-6 May 2018 ICAI has come up with the Guidelines for the Electives Electives Papers For CA Final Paper-6 May 2018. In order to remove confusion among the students, these guidelines have been prescribed. To the whole Guidelines (In General) can be summarized as under: The Books will be Provided by ICAI in Exam hall and Students Need Not Carry their Study Material. The Respective Book of each Elective Paper that Students will get in the exam hall will be the Strip Down Version Of…

Open Book Exam of Elective Paper in CA Final As per the Revised Scheme of Education and Training, CA Final student has to choose among the 6 elective papers. ICAI has also clarified that Examination of these subjects will be an Open Book Exam. This is the bold steps taken by the Institute (ICAI) as the syllabus and systems were old and needed an apprising to keep up with the Industry requirements. Consequently, Revised Scheme of Education and Training was unveiled On CA Day i.e. 1st of July by our Prime…

Elements of Financial Statements: These elements are -the building blocks with which financial statements are constructed —the classes of items that financial statements comprise of following elements: Assets Liabilities Equity Investments by Owners Distributions to Owners Revenues Expenses Losses Gains Comprehensive Income Statements